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Taxable Basis = Line Amount x Number coefficient of an integer and four decimals

edited Jan 9, 2024 2:02AM in Tax & Global 1 comment


Taxable Basis = Line Amount x Number coefficient of an integer and four decimals 


Number coefficient of an integer and four decimals

Number coefficient of an integer and four decimals given.

 

Scenario: Taxable Basis = Line Amount x Number coefficient of an integer and four decimals

 

Example:

Line Amount = 10000

Number coefficient of an integer and four decimals = 0,0030

Taxable Amount = Line Amount x Number coefficient of an integer and four decimals

 = 10000 x 0,0030

 = 30

Tax Calculation = Taxable Amount * Rate%

 = 30*10%

 Tax = 3


This calculation is contemplated in the tax motor?

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